Luckin Coffee Inc. (LKNCY)

Luckin Coffee Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,536	4,362	2,926	3,534	6,478	4,806
Short-Term Investments	1,397	1,378	564.02	-	-	250
Cash & Short-Term Investments	5,933	5,740	3,490	3,534	6,478	5,056
Cash Growth	164.79%	64.48%	-1.26%	-45.44%	28.12%	-5.77%
Accounts Receivable	425.22	549.71	294.83	210.7	210.17	43.11
Other Receivables	-	19.59	4.18	0.2	4.36	5.98
Receivables	425.22	569.3	299.01	210.91	214.53	49.08
Inventory	2,737	2,601	2,339	1,315	672.67	295.25
Prepaid Expenses	2,148	309.22	273.27	206.06	234.89	241.72
Restricted Cash	3.78	3.78	66.08	7.86	58.2	110
Other Current Assets	-	1,482	1,133	762.82	725.43	668.13
Total Current Assets	11,247	10,705	7,600	6,037	8,383	6,420
Property, Plant & Equipment	11,084	11,003	9,356	3,871	3,043	2,070
Long-Term Investments	150	150	150	-	-	-
Other Intangible Assets	-	146.28	31.95	26.08	6.95	38.75
Long-Term Deferred Tax Assets	268.94	271.6	350.08	208.47	702.94	638.72
Other Long-Term Assets	959.84	823.48	804.4	337.42	176.42	154.27
Total Assets	23,710	23,099	18,292	10,480	12,312	9,322
Accounts Payable	840.91	738.68	814.66	441.38	293.7	209.7
Accrued Expenses	3,160	2,161	1,631	1,010	864.29	427.03
Short-Term Debt	-	300	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	2,931	-
Current Portion of Leases	2,416	2,343	1,851	880.87	598.06	-
Current Income Taxes Payable	-	332.66	102.24	105.97	36.5	-
Current Unearned Revenue	148.71	153.25	123.42	97.37	96.21	88.17
Other Current Liabilities	118.98	653.69	940.44	293.52	1,771	276.09
Total Current Liabilities	6,685	6,682	5,463	2,829	6,592	1,001
Long-Term Debt	-	33.6	-	-	-	3,002
Long-Term Leases	3,283	3,331	3,115	1,024	575.06	-
Other Long-Term Liabilities	-	-	-	-	-	2,595
Total Liabilities	10,018	10,047	8,578	3,853	7,167	6,598
Common Stock	0.03	0.03	0.03	0.03	0.02	0.02
Additional Paid-In Capital	16,832	16,705	16,277	16,037	15,038	14,745
Retained Earnings	-5,081	-5,606	-8,538	-11,385	-11,874	-12,452
Comprehensive Income & Other	425.88	438.54	396.94	397.3	466.86	364.05
Total Common Equity	12,178	11,538	8,136	5,049	3,631	2,656
Minority Interest	-	-	-	-	-	68.52
Shareholders' Equity	13,692	13,053	9,714	6,627	5,146	2,725
Total Liabilities & Equity	23,710	23,099	18,292	10,480	12,312	9,322
Total Debt	5,700	6,008	4,966	1,905	4,105	3,002
Net Cash (Debt)	233.6	-267.67	-1,476	1,629	2,373	2,055
Net Cash Growth	-	-	-	-31.35%	15.51%	-57.04%
Net Cash Per Share	0.73	-0.84	-4.66	5.18	8.89	8.13
Filing Date Shares Outstanding	320.58	322.15	319.28	314.37	303.55	253.15
Total Common Shares Outstanding	320.58	322.15	318.22	316.53	298.83	253.15
Working Capital	4,563	4,022	2,137	3,208	1,792	5,419
Book Value Per Share	37.99	35.82	25.57	15.95	12.15	10.49
Tangible Book Value	12,178	11,392	8,104	5,023	3,624	2,618
Tangible Book Value Per Share	37.99	35.36	25.47	15.87	12.13	10.34
Buildings	-	689.45	480.79	811.67	798.66	675.49
Machinery	-	3,878	2,815	1,599	1,443	1,385
Construction In Progress	-	152.98	345.9	53.1	15.05	192.03
Leasehold Improvements	-	3,140	2,235	1,127	873.45	1,048

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.